Investment Portfolio | Duluth, MN Portefeuille de bureau à vendre 2 biens 4 311 028 € Duluth, MN

Fully Occupied Buildings - Both buildings are fully leased, boasting a strong history of high occupancy rates. Centrally located in downtown Duluth, they offer excellent visibility, prominent signage, and benefit from high traffic counts.
Providence Building - This historic downtown landmark presents a range of possibilities, from maintaining its use as a traditional office space to various conversion opportunities. It features sweeping views of Canal Park and Lake Superior, enhancing its appeal.
Phoenix Building - A vibrant mixed-use retail and office property, the Phoenix Building is anchored by Starbucks and hosts a diverse tenant mix. It includes an income-generating attached parking ramp and is connected to the downtown skyway system.
Recent Property Updates - Both buildings have undergone significant capital improvements, including upgraded windows, parking lot enhancements, new A/C units, modernized elevators, and an improved sprinkler system. The roofs receive biannual servicing to ensure optimal maintenance.
Market Advantage - The Duluth CBD has seen no new office developments in the past decade, with no properties currently under construction, and nothing has been delivered in the downtown CBD submarket for the past ten years.
Strategic Economic Hub - Duluth serves as a key economic center for northern Minnesota and Wisconsin. Home to the Port of Duluth-Superior, the farthest inland port on the Great Lakes, it plays a crucial role in shipping and logistics for the Upper Midwest.
Vibrant Community - Duluth offers a dynamic and diverse community with a thriving educational and cultural scene. Residents are deeply connected to the region’s natural beauty, enjoying an abundance of outdoor recreational activities in the city’s picturesque surroundings.